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Scholastic (or Scholastic Inc.) is a global book publishing company known for publishing educational materials for schools, teachers, and parents, and selling and distributing them by mail order and via book clubs and book fairs. It also has the exclusive United States' publishing rights to the Harry Potter book series. Scholastic Inc. is the world's largest publisher and distributor of children's books.
In the 1970s, Scholastic Press was well-known mainly through their Scholastic Book Clubs, a mail-order service dealing in children's books, and their magazine publications aimed at youths: Wow (preschoolers and elementary schoolers), Dynamite (pre-teens) and Bananas (teens).
Scholastic has grown its business most recently by acquiring other media companies, including Klutz, the animated television production company Soup2Nuts, the K–12 educational software publisher Tom Snyder Productions, and most significantly the reference publisher Grolier, which publishes the Grolier Multimedia Encyclopedia and The New Book of Knowledge.